The Air Force has decided to reduce award fees to Boeing because the company’s work on next-generation Global Positioning System satellites—GPS IIF—reportedly is more than $260 million over budget and three years behind schedule. USAF announced earlier this week that its review of the program turned up problems prompting it to delay launch of the first GPS IIF by a year, while it considered other actions. The Air Force has not yet said just how much Boeing will have to forfeit.
The Air Force has finished resurrecting a B-1B Lancer, completing a yearslong process to transform a bomber that had been stored for parts in the Arizona desert into the new flagship of the 7th Bomb Wing at Dyess Air Force Base, Texas.